Ramirez v. Exxon Mobil Corporation et al

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Case overview

Case Number:

3:16-cv-03111

Court:

Texas Northern

Nature of Suit:

Other Statutes: Securities/Commodities/Exchange

Multi Party Litigation:

Class Action

15:78m(a) Securities Exchange Act

Judge:

Ed Kinkeade

Firms

Companies

Sectors & Industries:

  1. September 27, 2017

    Exxon Says Investor Climate Suit Apes 'Baseless' NY Probe

    Exxon Mobil Corp. on Tuesday urged a Texas federal judge to dump a proposed class action accusing the oil giant of concealing its climate change knowledge from investors, arguing that the investors are merely "riding the coattails" of a politically motivated and "baseless" climate investigation pursued by New York Attorney General Eric Schneiderman.

  2. November 14, 2016

    Climate Claims No Slam Dunk For Oil Co. Investors

    A proposed class action accusing Exxon Mobil Corp. of concealing its knowledge of climate change from shareholders could spark similar suits against other fossil fuel producers, but proving companies knew that looming climate rules would render their assets economically unviable will be a tall task for investors, experts say.

  3. November 07, 2016

    Exxon Investors Pile On With Climate Change Class Claims

    A proposed class of investors added its woes to an increasing pile of claims against ExxonMobil over whether the company concealed its knowledge about climate change, accusing the energy giant Monday of lying about its fuel reserves in part to score a $12 billion debt offering.

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